Retail&Consumer
Romania Might Introduce Tax On Fast Food, Beer - Health Minister
Romania’s new healthcare law might introduce a tax on fast food and beer, Health Minister Vasile Cepoi said Thursday, adding that unhealthy foods increase the morbidity rate and must be addi...
Rewe Opens Its 125th Penny Market Store in Romania
German discount retailer Rewe on Thursday said it has opened its 125th store under the brand Penny Market in Huedin, in Romania’s northwestern county of Cluj.
Strauss Romania: Business Life Stopped Being Easy A Long Time Ago, We Are Moving On
Last year was not a simple year at all, said Marius Melesteu, general manager of Strauss Romania, the producer of Doncafe. Coffee beans, the world’s second-largest market after oil, became u...
New Head Of Danone Romania: Each Romanian Should Eat One Yogurt Every Day
After taking over at the helm of Danone Romania in April, Dieter Schultz set several clear objectives for his mandate: the first of them is to keep the company on an upward trend in 2012, ev...
Cocor Switches To RON2.8M Loss in 1Q
Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday reported losses of 2.8 million lei (EUR630,000) in the first quarter, versus a profit of RON1.5 million in the same interval a...
Galaxy Tobacco Wins Case Against Romanian Tax Authority Regarding Unpaid Taxes
Galaxy Tobacco has won a case against Romania’s tax authority ANAF, in which the state claimed 500 million lei (EUR112.4 million) in unpaid taxes from the cigarette maker. The sum doubled fo...
Danone Romania Sales Up 5.7% In 2011, To RON503M
Danone Romania, a unit of French food group Danone, posted a 5.7% rise in sales last year, to 503 million lei (EUR144 million), the dairy maker said Wednesday.
Bunge Gets Competition Greenlight To Buy Prio Plant
Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in Lehliu Gara (southern Romania) of Martifer Group’s Prio Foo...
Sucu, Mobexpert: The Results Of Provincial Stores Are Surprisingly Good
Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good results of provincial stores in the first months of the ye...